Business Developments & Projects
Michelin’s WISAMO wing sail testing the waters on MN Pelican
Michelin’s Wing Sail Mobility (WISAMO) project has achieved a significant milestone with the completion of the installation of its wing sail on the MN Pélican, a container ship owned by Compagnie Maritime Nantaise – MN. The vessel has returned to sea since June, according to an update from WISAMO. T
Well-Safe Solutions rig winds down decom ops at one North Sea field and moves to another
Well-Safe Solutions’ semi-submersible rig has wrapped up its decommissioning assignment on one of the fields on the UKCS.
With more natural gas in mind, two players looking into energy potential in Türkiye and Bulgaria
Trillion Energy has entered into a non-disclosure agreement with a Global energy trading company, to explore strategic energy opportunities in Bulgaria and Türkiye.
QED Naval strengthens its tidal power team
Scottish marine energy company QED Naval has welcomed several new members to its team to further advance its tidal energy business and projects.
BP to supply biofuels in Port of Wellington
bp Marine, a part of energy major bp’s trading and shipping business, has entered into a long-term supply agreement with integrated transport company StraitNZ, which includes the supply of marine biofuels in the port of Wellington.
TECO 2030 and partners win €13.5mln EU grant for H2-powered ferry project
Norway’s cleantech company TECO 2030 and its partners have been awarded a €13.5 million Horizon Europe grant to build and demonstrate a passenger ferry powered by TECO 2030 fuel cells. Specifically, the partners’ project has been invited for Horizon Europe grant agreement preparation. The project’s
Provaris taps Prodtex to build and test prototype tank for its compressed hydrogen carrier
Provaris Energy has initiated a prototype tank testing program as a further step toward obtaining final Class Approval required for its hydrogen carrier and storage solutions. To this end, Provaris’ Norwegian subsidiary has hired Prodtex AS to construct and test a prototype hydrogen tank for its pro
NYK breaks new ground with its 1st ever wind-assisted propulsion installation
NYK Bulkship (Atlantic) N.V., a subsidiary of the NYK Group headquartered in Antwerp, Belgium, will introduce a wind-assisted ship-propulsion unit on one of its vessels currently under a long-term charter contract with Cargill International S.A., a prominent Swiss-based freight trader. The initiativ
In focus: European countries working shoulder to shoulder to curb climate change
With temperatures reaching all-time high all over the globe, it is difficult not to question whether we are doing enough to stop or even slow down global warming. But that did not interrupt the European energy players to make new deals and link up with each other to reap the benefits of the offshore
CEM adopts new initiative for scaling low-carbon fuel production
The Clean Energy Marine Hubs Initiative (CEM-Hubs), the first-of-its-kind platform that brings together the private sector and governments across the energy-maritime value chain to transform maritime transportation and production hubs for future low-carbon fuels, has been adopted by the Clean Energy
Hitachi Energy, Sumitomo Electric and Van Oord selected for Scottish subsea cable projects
Just shortly after announcing NKT as the preferred bidder for the power cable systems, SSEN Transmission revealed it had selected Hitachi Energy to deliver the HVDC converter system for two HVDC transmission links offshore Scotland. Hitachi Energy has been given the preferred supplier status for the
Lhyfe’s work on ocean reoxygenation through H2 production advances
French hydrogen producer Lhyfe has completed the first step in its work on ocean reoxygenation with the publication, by IRD Brest, of a first scientific article on the results of the research carried out in recent months. The work is a part of Lhyfe’s ambition to decarbonize transport and industry b
Norway throws importance of oil & gas for Europe’s energy security into stark relief
Norway stepped up to help alleviate Europe’s energy woes, becoming the continent’s largest gas supplier in the process.
LNG-powered Silver Nova handed over to Silversea Cruises
German shipbuilder Meyer Werft has handed over Silver Nova, an LNG-fueled cruise ship, to Monaco-based cruise line Silversea Cruises. The delivery was announced on 21 July in a brief social media update by Meyer Werft. The 54,700-ton ship is part of a newbuild project known as Project Evolution, and